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    Exam 8: Compound Interest: Future Value and Present Value
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    A Scheduled Payment Stream Consisted of Three Payments: $2100 Due
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A Scheduled Payment Stream Consisted of Three Payments: $2100 Due

Question 110

Question 110

Short Answer

A scheduled payment stream consisted of three payments: $2100 due (but not paid) 1½ years ago, $1300 due today, and $800 due in 2 years. What single payment, 6 months from now, would be economically equivalent to the payment stream?

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